Thanks to Seeking Alpha we know what three analysts are saying about new public BDC Palmer Square Capital. We compare those views with the BDC Reporter’s own research and views published recently.
We look at Gladstone Capital’s just announced IVQ 2023 results from all sides and find plenty to like and only one unexpected flaw.
The BDC Reporter highlights the most interesting items to come out of Capital Southwest’s IVQ 2023 earnings conference call.
Capital Southwest – shortly after reporting its IVQ 2023 results – has reached a new 52-week high. We analyze the reasons why and speculate about how much further the price might rise.
We’re re-launching our weekly Credit Recap feature as a monthly – rather than a weekly. January 2024 has begun with three bankruptcies of BDC-financed companies and two exits.
Three BDCs reached new 52-week highs on Monday January 23, 2024. We analyze the phenomenon; review each BDC’s valuation metrics and consider the implications for BDC investors.
Main Street is sharing some preliminary results for the IVQ 2023. There’s much to like in this (incomplete) picture.
A new incentive fee and preliminary IVQ 2023 results: there’s a lot to unpack from Golub Capital’s latest press release.
Saratoga Investment was the first BDC to report IVQ 2023 results and things did not go as planned.
Our first news story of 2024 is about a portfolio company of Gladstone Capital, which announced what seems like a major organizational change. We tell you as much as we know.
PhenixFIN closes out BDC earnings season by disclosing its fiscal results ended September 30, 2023. There’s much positive news but uncertainties – and losses – linger.
New Mountain has undertaken two initiatives that shareholders should be pleased by.
For a second year in a row CION Investment has announced a last minute “top-up” distribution. We analyze where this leaves the BDC as 2023 comes to a close.
Trinity Capital has announced its final distribution for 2023 giving us the opportunity to evaluate the BDC’s payout performance over time.
Yet another BDC taps the public “Baby Bond” market. We review both the micro and macro consequences.
The BDC Reporter digs into the data in the BDC Credit Table to review Stellus Capital’s credit status at the end of the IIIQ 2023.
Monroe Capital recently announced a quarterly distribution of $0.25. Unfortunately for the BDC’s shareholders that payout may be cut shortly. We explain why and how Monroe may not be alone in this regard.
There are no new bankruptcies of BDC-financed companies. We’ve been spending most of our time gathering data on the sector’s non-performing borrowers.
The BDC Reporter has had little to write about of late. So, we’ve turned to updating and expanding – amongst other things – the BDC Credit Table. There’s a wealth of new data available – and more coming – making for an invaluable analytical tool.
Another week without a formakl bankruptcy of a BDC-financed company, but there’s bad news coming from two companies and losses from two other restructurings.
